Tesla stock dropped about 4% following a broader market sell-off triggered by April's Consumer Price Index (CPI) report, which showed inflation rising to 3.8%, higher than expected. The energy sector saw a 3.8% price increase due to geopolitical tensions affecting the Strait of Hormuz, adding pressure on markets. Despite the decline, Tesla remains above key moving averages, though its overbought momentum suggests possible near-term pullbacks. Analysts maintain a Buy rating with an average price target around $431, but traders are watching key resistance at $436.50 and support at $364.00 for the stock's next moves.
The National Transportation Safety Board (NTSB) reported that a Tesla driver pressed the accelerator pedal to 100%, overriding the Full Self-Driving (FSD) software, before crashing into a house in Katy, Texas, killing a resident. The Tesla was travel...
Google has announced its biggest solar power and battery storage purchase, investing in a project in Arkansas that will generate enough electricity to meet about 6% of the state's peak demand. The project, developed with Cypress Creek Energy, will ad...
Deutsche Bank reaffirmed its Buy rating on Tesla stock, setting a 12-month price target of $465, implying a 17% upside. The bank highlighted Tesla's long-term growth potential driven by autonomy, robotics, and AI, despite expecting Q2 earnings per sh...
The global hybrid robots market is projected to grow from $5.68 billion in 2026 to $10.03 billion by 2030, with a CAGR of 15.3%. Growth is fueled by advances in AI, autonomous operations, and smart manufacturing, alongside rising demand for robots in...
Tesla reported record vehicle deliveries in Q2 2026, but demand quality is weakening due to heavy discounts and lower average selling prices. Despite strong revenue growth, Tesla is expected to have negative free cash flow in 2026–2027 as capital spe...
